Study: Pro sports teams don’t always boost local economies

Friday

Jan 4, 2013 at 12:15 PM

I’ve always thought it was odd that so many Americans cheer so heartily for sports teams that leech off local taxpayers.

Think about it: In many a city, the owners of a team prevail upon taxpayers to build a fancy stadium, and then the money the owners thereby save is used to pay players millions of dollars. In effect, the taxpayers are paying the players’ exorbitant salaries.

Ah, but the claim is made that the stadium and the team are good for the local economy.

It says HERE, however, that such is not always the case:

The owners of ...

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Pat Cunningham

I’ve always thought it was odd that so many Americans cheer so heartily for sports teams that leech off local taxpayers.

Think about it: In many a city, the owners of a team prevail upon taxpayers to build a fancy stadium, and then the money the owners thereby save is used to pay players millions of dollars. In effect, the taxpayers are paying the players’ exorbitant salaries.

Ah, but the claim is made that the stadium and the team are good for the local economy.